. . . DonDiego counsels patience.
The Associated Press reports that "[T]he Standard & Poor's/Case-Shiller [real estate] index fell in December from November in all but one of the 20 cities it tracks."
Las Vegas is one of eleven major cities to record the lowest prices since the housing bust, in 2006 and 2007.
However, there was a bright spot! Although nationally home prices fell 3.9% on average in the fourth quarter of 2010, Washington DC homes registered a 4.1% gain. DonDiego supposes there must be a real growth industry in that town.
The Associated Press reports that "[T]he Standard & Poor's/Case-Shiller [real estate] index fell in December from November in all but one of the 20 cities it tracks."
Las Vegas is one of eleven major cities to record the lowest prices since the housing bust, in 2006 and 2007.
However, there was a bright spot! Although nationally home prices fell 3.9% on average in the fourth quarter of 2010, Washington DC homes registered a 4.1% gain. DonDiego supposes there must be a real growth industry in that town.